Nujoma calls for finalisation of national pension

Labour minister Utoni Nujoma has called for the speedy implementation of the National Pension Fund, saying it will aid national development.Nujoma made the remarks at the 27th anniversary of the Social Security Commission (SSC) last week.He said additional social safety nets would aid government’s ability to care for its people, and acknowledged that current social safety nets already have already gone some way towards providing Namibians with welfare."Namibia’s existing social welfare measures already fulfil or partially fulfil some of the requirements, such as the Old Age Grant," he said.He added that "the implementation of a national social protection policy will go a long way to establishing additional social protection floors.""The commission is currently working on the establishment of two funds: the National Pension Fund and the Unemployment Insurance Fund, which will also make a significant contribution. I encourage the commission to speed up your work on these two sorely needed funds," Nujoma said.Building on achievementsNujoma said social safety grants should endeavour to provide for essential healthcare, provide income security for children, and provide basic income security.The SSC would continue to deliver on its mandate in terms of providing Namibians with social safety nets going forward, the minister said.He also underlined that Namibians should "rest assured that the SSC is well positioned to continue to strengthen the provision of social insurance going forward, building on what has been already achieved."Nujoma also offered the SSC management all the support deemed necessary with regards to the implementation of its 2023-2028 integrated strategic plan."My message to the management and the rest of the SSC staff members is that our best efforts to attain the strategic objectives spelled out in this document will be in vain without diligence and commitment," he said.

Nujoma calls for finalisation of national pension

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Namibian Sun 2025-04-04

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Nujoma calls for finalisation of national pension

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Namibian Sun 2025-04-04

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